Jul 19, 2012 1:00am PDT
for the conservative caucus is the panama canal. their idea, roughly speaking, is we need to invade panama and talk the panama canal back because obviously, communists or something. the panama canal and up all night hair on fire fantasies about communists coming up the canal to come get us in the middle of the night, those have been around for a while, in the 1970s and the 1980s. the panama canal was the fast and furious, birth certificate, the president is a secret muslim conspiracy theory of its day. when that panama canal conspiracy theory was lighting up the tin foil hats of the generation ago, it was an ambition politician named ronal reagan who took that issue from the fringe and decide today mainstream it into national mainstream republican politics. he based his presidential campaign in part on this insane idea that the panama canal was basically an american state that we can't let the communists steal this american thing from us. he mainstreamed this paranoid far right fantasy that if we went along with our treaty obligations to let panama run its own canal, then america would seize to exi
Jul 22, 2012 11:00pm PDT
for business. and what better way than to celebrate another world class construction project the panama canal. >> the excuse was the panama canal had been a proposition before congress for some time to have something to celebrate like the panama canal. of course the people of san francisco wanted it to show that they rebuilt their city and you know, one of the slogans was the city that knows how. >> reporter: so was born the concept for the panama pacific international exposition. the world's fair of 1915. raising as much as $16 million and beats cities such as san diego, washington, d.c. and new orleans. san francisco won the federal government's designation to hold the official fair to honor the opening of the panama canal. and with dry land as a premium, fair organizers decided to make land. and build the fair in a marshy area on the north shore of san francisco, edged with creeks and coves. work began in 1911. and that's where the sand came in. this is filmore street in the marina district. today the bay lies about a block and half that way. but the shoreline used to be across the street.
Jul 17, 2012 5:30pm PDT
: from panama, the story of a tug-of-war in the rain forest between a canadian mining company and the local community. >> is building what would be one of the biggest compromises in the world. right in the middle of the rain forest. home to thousands of animal and plant species. some of them endangered. >> ifill: and we close with a mystery about an electric guitar that just might be the same one bob dylan played at the 1965 newport fo festival. it's rock and roll history. we'd love to see his guitar to either learn if we made a mistake and how we made the mistake or if we have the real thing. >> ifill: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: >> bnsf railway. >> and by the alfred p. sloan foundation. supporting science, chnology, and improved economic peormance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank
Jul 6, 2012 4:00pm PDT
signs trade deals with south korea panama, and columbia. colombia. i'm not in favor of the panama trade deal why? because panama is a giant tax haven. that's probably why mitt romney loves it. who does it help? not you. do you have a tax shelter in panama welcome unless you're a giant multimillion international corporation, i doubt it. he's not done yet. he'll talk about his tax plan. gee, i wonder who this helps. >> i'll bring down the corporate tax rate from 35% to 25%. and individual tax rate, 20% across the board. >> cenk: once again that would help the giant corporations and the really really rich. it would add $600 billion to the deficit. that is almost all going to the rich. i thought you were going to balance the budget, no you're increasing the budget. the corporate taxes in 2011 were at a 40-year low. they're at tax rate of 12.1%. how low can you make them? mitt romney will give it a shot. do you think that would help you? it's not going to help you. if that would help, it would have helped under bush. mitt romney's campaign is not designed to help you. it's designed to help t
Jul 11, 2012 8:00am PDT
trusties, but, trust, panama corporations would raise red flags with any tax authority. it is what mitt romney says about this, you say, that is of concern. nick shaxson? >> yes. this is a very important point. people seek offshore tax havens as a shady little island somewhere. one of the things i explore in my book, "treasure island's," since the 1970's, the u.s. itself has been turning itself quite deliberately into a tax haven in its own right. attracting foreign money, a lot of illicit for money from overseas through offering things such as special tax exemptions and secrecy -- financial secrecy. delaware and nevada and wyoming, offering very, very low cost, strong secrecy through corporations. this is profoundly difficult thing. one of many vehicles through which this illicit money can come in is the private equity business. there is no requirement on private equity companies to enforce the tax laws of other countries. a filing i am covered during my research -- i am covered during my research showed the strange entities in the bahamas and panama, all of these places are renowned t
Jul 25, 2012 12:00am EDT
: hi i'm jimmy and this is guillermo, who is just back from panama with captain morgan rum. >> guillermo: yes jimmy, i was there to find the ship of the real captain henry morgan. >> jimmy: captain henry morgan was a real guy whose ship sank off the coast of panama. >> guillermo: yes jimmy. almost 400 years ago. >> jimmy: and captain morgan rum sent you to go investigate? >> guillermo: yes jimmy. >> jimmy: why? >> guillermo: i don't know. just be quiet and roll the tape. >> hi, i'm guillermo. i am here at castillo san morento. >> the fort was built by the spanish to protect the original panama canal, that attracted morgan here to get his hands on some of the gold. he ran his flag ship aground on the reef right there. >> you go scuba diving to find the ships? >> absolutely. >> enough history. let's go! >> yeah. ♪ >> hold on. give me one minute. it's not easy to be a pirate. look, i broke my sword. >> pirates gambled their lives to make a big payoff, sometimes you retire rich like captain henry morgan did. >> i drink to that, hold this. to captain henry morgan and to life!
Jul 19, 2012 8:00am PDT
investment funds from wealthy foreigners most of the money through corporations registered in panama. some of the most secretive of business laws exist there in panama. does that story prove the president's points, that business leaders don't come by successful initiatives on their own? >> well, i think certainly not, tom. i think the recent polls you've cited have shown that the president's false attacks on mitt romney aren't working right now and the people care about the economy. i want to turn to your point about the context of the president's you didn't build that remark. there was a good article by phil klein this morning saying that the contextually made that comment worse. if you look at the whole speech and what he's arguing, it's that the way that we're going to fix this economy, the way that we're going to get out of this ditch is through more government and not by unleashing the private sector. his argument was that people, small business owners, you're not that smart, you didn't work that hard, you didn't earn that. it happened because of the government. that's the wrong way t
Jul 12, 2012 9:00am PDT
, bain and co-people. there are also these kind of mysterious, you know, there's a geneva trustee, panama corporations. there are trusts. these are, for any tax authority around the world, these are big red flags. camp panama, i describe in the article, a u.s. customs official calling it one of the filthiest money laundering sinks in the world. this is not -- we're not talking here about u.s. investors breaking u.s. tax -- we are talking about foreigners cloaking their money in these offshore structures and the money coming in. and that just raises an awful lot of questions. you know, did those investors break their own country tax laws? are they committing tax evasion in those countries? el salvador was certainly one of the countries where a lot of those investors were coming from. you know, that was a country torn apart by class warfare and military conflict. you know, this kind of thing about tax evasion can, you know, is sort of a symptom of the kind of impunity of the elite of these countries. it raises a very sort of nasty set of questions about, you know, was that a vehicle for for
Jul 4, 2012 11:00pm PDT
's architecture of piece, especially the panama treat, panama canal treaty. >> and talk about president kennedy during the three years as a presidential qualities that he had. >> he was one who certainly did learn from mistakes. i mean the cuban missile crisis handled so brilliantly in part because he learned from the mistakes of the bay of pigs. so he had a certain kind of rational intellectual ability to look at himself from the outside in, he also had a sense of humor, which means he could make self depractice a toir .. remarks, it is so missing in our culture today, if lincoln said you are two-faced mr. lyndon if i had two faces do you think i would be wearing this face? but i think, you know, jfk will still be in our memory because of the youth because of that period of time, the 60s opening up to civil rights, opening up to great changes this the role of government. the excitement of that time, there is only three years, i remember one time bobby kennedy was lamenting jfk had three years and my husband said, don't worry, bobby, julius sea star only had three years and bobby turned to him
Jul 5, 2012 3:00am PDT
's personal journey from freedom to panama and the recent return to the country. >> and your american flag, it might have been made in china. american flag made in china. >> check the label. >> let's talk about that coming back. [ male announcer ] introducing a powerful weapon in your fight against bugs. ortho home defense max. with a new continuous spray wand. and a fast acting formula. so you can kill bugs inside, and keep bugs out. guaranteed. ortho home defense max. introducing share everything. unlimited talk. unlimited text. tap into a single pool of sharable data and add up to 10 different devices, including smartphones and tablets. the first plan of its kind. share everything. only from verizon. now add a tablet for only $10 monthly access. ♪ wer surge, let it blow your mind. [ male announcer ] for fruits, veggies and natural green tea energy... new v8 v-fusion plus energy. could've had a v8. they claim to be complete. only centrum goes beyond. providing more than just the essential nutrients, so i'm at my best. centrum. always your most complete. >> welcome back. time for your
Jul 18, 2012 10:00am EDT
about passage of the panama, colombia, and korea free trade agreements, and once again they are providing tremendous leadership on our goal of creating good american jobs by prying open that mark and ensuring that the united states worker will have access to it. if you think about not only creating jobs here, but dealing with the problems of crony capitalism, dealing with the problems of a massive bureaucracy, and dealing with a corrupt court system which is what exists under putin today, this is the right thing for us to do. we should not lose access to the market. i also want to note that my very good friend, mr. herger, who has been a great leader on the issue of trade is here, mr. berg is here who has very involved in this. i would be happy to yield to my friend from new york, mr. reed, who has played an important role on this issue. mr. reed: i thank the gentleman. i rise today in strong support to join my friend from california as he knows we have been supportive of free trade from the moment we got here. i was so pleased to see colombia, panama, and south korea b
Jul 26, 2012 12:00pm EDT
, south korea and panama because we believe in the sale and the opportunity for american producers to sell their product around the globe. and yet, we saw at least some who at usda have the view that we need to be discouraging the consumption of meat for both environmental and health reasons. particularly troublesome is the fact that the department of agriculture was citing the united nations as a reason that we ought to discourage the consumption of beef for environmental reasons. our department of agriculture' positions ought to be based on sound science, not some u.n. study. beef is an important and vital component of the kansas economy. we're the second-largest beef-producing state in the country. economic impact to our country is around $44 billion. exports in 2011, beef exports were over $4.08 billion. this matters to us greatly. and this is happening at a time in which the cattle producers of kansas and across the midwest, including the state of the president today, the drought is so damaging to us. it's also happening at a time in which we've been having a debate about a farm bill.
Jul 17, 2012 8:00pm EDT
the panama and then across the is mas -- is mas -- isthmus of panama and up the coast of california. my own relatives took advantage of the two infrastructure projects you talked about. however, your governor was building off some of the work of the founding fathers. a lot of talk about here that there's no role for government in the economy. george washington disagreed. his treasury secretary, alexander hamilton, disagree. they had a debate with jefferson who thought that we ought to be an agrarian state and george washington and hamilton thought there was a role for industrial and manufacturing. so george washington in his very first days as president put -- told alexander hamilton to put together an industrial policy for america. and there were about, i think, nine points or maybe 12 points in that industrial policy. one of them was, build the infrastructure. specifically it said canals and harbors. this gos back to the very beginning of our country, what the president wanted to do and what us democrats want to do is build the infrastructure. the foundation upon which the economy grows.
Jul 21, 2012 7:00pm EDT
? >why? >> i can go back to the invasion of panama in 1989 and worked for. we realize that just having a military battle you had one was not the end of the game. perhaps we should have done at the beginning to avoid that battle in the first time -- place or, having won the battle, how do we preserve the peace? >> you have to be careful when we talk about these terms such as smart power or heart power or soft power. i'm reminded of a conversation i had with the former archbishop of canterbury in 2003. you might have been there. it was on the eve of the second gulf war. the archbishops stood up and said, general powell, why don't we just use soft power? it was a critique of what we were getting ready to do. the answer i gave him was that it was not soft power that rescue britain from hitler. it was part power. you had to have all of it. when we won with hard power in world war ii, we use soft power in germany and asia to create democracies. the importance of this coalition, what makes what we are doing tonight so important, is that we understand that we need it all. we have been shortcha
Jul 19, 2012 9:00pm PDT
registered in panama which, at the time was notorious for its secretive banking system. so now we've got panama, bahamas, cayman islands switzerland, they may all be nice vacation spots. they're also great places to hide your money. and there is always something new and exotic about mr. romney's past. our next guest has been warning folks since primary season that mitt romney's ties to bain capital and his exotic finances could wind up biting him in the behind. rick tyler is the former spokesman to newt gingrich. he comes to us from washington d.c. rick welcome inside "the war room." >> glad to be here. how are you governor? >> jennifer: i'm doing great thanks. i appreciate you coming on. have you found yourself saying "i told you so" a lot lately? >> no. it is not my nature to say i told you so. >> jennifer: why don't you think more reporters picked up on your warnings about mitt romney's secrecy? >> you know, i had a lot of conversations with a lot of reporters and there are a lot of hard-working reporter